The Internet is an ever-increasing network that furnishes new ways to gain cash on the Web. One of these opportunities is to become a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a blossoming marketing niche that you can be a part of.
TLDs and SLDs
A domain name includes 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete TLD may involve, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain resource records.
Gain Cash From Reselling Domains
Many Registrars have reseller programs that enable individuals to earn profit from offering domain names to end customers. If you subscribe to such a program, you can kick off your very own personal electronic business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more customers in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you register with a domain reseller program, you will obtain a web hosting CP where you can select the prices for the specific TLDs that the Registrar provides. Most companies also provide invoice transaction software and web site skins for your web shop, and the automation of the whole process together with the great demand for domain names render the domain reseller market so tempting. You will either acquire a pre-made site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal website and order form. Traditionally, you have the option to select between the two options, so it all depends on how expert you are in these issues. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Gain Revenue From Providing Web Site Hosting Services Too
A nice addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to clients who want to establish their web site and demand both a domain and a webspace hosting account. Some firms furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to bill your clients. You can then offer domains and shared web hosting plans to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.